Kingfisher PLC - Q1 Trading Update
Kingfisher PLC reports a robust start to the year with Q1 sales reaching £3.3 billion, marking a 2.2% increase in constant currency terms. The company achieved market share gains in the UK, Ireland, France, and Poland, and saw strong growth in e-commerce. Full year guidance remains unchanged with expected adjusted PBT between £480m to £540m.
Kromek Group PLC - New Nuclear Security Orders
Kromek Group plc, a leader in radiation and bio-detection technology, has secured $900k worth of orders to supply its D3 series detectors to a European and a US customer. These detectors will enhance radiation detection capabilities and enable real-time data transmission for improved security measures. CEO Arnab Basu highlights the growing demand amid geopolitical uncertainties.
Geo Exploration Ltd - Juno Project – Results of Geophysical Modelling
Geo Exploration Limited reports promising results from geophysical modelling at the Juno Project, central Western Australia. Integrated 3-D magnetic and gravity analyses have delineated a large IRGS target, confirmed by separate modelling techniques, indicating significant drill potential. Ground-based electrical geophysics will refine drillhole locations ahead of Juno's forthcoming drilling programme, aimed at uncovering precious and base metal mineralisation.
Avacta Group PLC - Board appointments
Avacta Group PLC has appointed David Bryant and Richard Hughes as Non-Executive Directors. Bryant brings over 35 years of pharmaceutical leadership experience, while Hughes adds 30 years in corporate finance. These appointments aim to enhance board capabilities as Avacta advances its preCISION® platform, focusing on cancer therapies with reduced side effects.
Angle PLC - Preliminary Results
ANGLE plc reports significant strides in 2024, including securing large pharma contracts and advancing DNA dual analysis for CTC-DNA and ctDNA. With a 31% revenue increase and streamlined costs, ANGLE is positioned for future partnerships. Despite market turbulence, demand for liquid biopsy solutions grows, promising potential revenue boosts.
Kefi Gold and Copper - Institutional participation in recent Placing
KEFI Gold and Copper plc announced the involvement of esteemed institutional investors, including Konwave Gold Equity Fund and Phoenix Gold Fund, in its recent placing. The strategic support enhances their operations in the Arabian-Nubian Shield. Further details and an updated investor Q&A can be found on their website.
Jubilee Metals Group - Zambia Projects Update & Issue of equity
Jubilee Metals Group PLC announces successful completion of processing trials at its Roan Concentrator in Zambia, leading to a long-term feedstock supply agreement. Initiatives at the Munkoyo and Project G mining operations continue, with expanded production capacities anticipated by late 2025. The company is also monetizing non-core assets and plans equity issuance to former chairperson Colin Bird.
Avingtrans PLC - Trading Update
Avingtrans PLC (AIM: AVG), a provider of critical components to energy, medical, and industrial sectors, reports that its Advanced Engineering Systems division's performance will exceed market expectations for FY25. The company anticipates Adjusted EBITDA to surpass projections, while revenue remains in line with prior expectations.
Pets at Home Grp - FY25 Preliminary Results
Pets at Home reports a 0.1% increase in statutory revenue to £1.48bn and a 14.1% rise in statutory PBT to £120.6m for FY25. The company's Vet Group saw a 13% boost in consumer revenue, while retail declined 1.8%. Strategic investments in digital transformation and distribution optimization underpin future growth despite macroeconomic challenges.
CYKEL AI PLC - Cykel AI Adopts Bitcoin Treasury Reserve Strategy
Cykel AI PLC (LSE: CYK) has announced the adoption of a Bitcoin Treasury Reserve Strategy, aligning with other innovative companies like MicroStrategy and Tesla. This approach aims to diversify their balance sheet, serve as an inflation hedge, and enhance long-term returns. Initial funding from a £750,000 placement will launch the strategy on 6 June 2025.